SBP
SBP holds policy rate at 11.5% post-budget
The State Bank of Pakistan kept its benchmark policy rate at 11.5% in its first MPC meeting after the FY27 budget. Easing oil prices and softer inflation expectations from the US-Iran deal underpinned the hold.
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About State Bank of Pakistan (SBP)
Pakistan's central bank. It sets monetary policy, manages foreign exchange and remittances, and regulates the banking system through which most withholding taxes are collected.
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